Proximus at 6-month lows as international biz struggle clouds 2026 growth prospects
07/11/2025 08:31
** Belgian telecom Proximus PROX.BR shares fall close to 7% over concerns regarding its international business after its Q3 print
** KBC Securities notes that while domestic business shows strength, the company failed to offset challenges abroad
** Proximus' international arm's Q3 revenue declines by 19%, while EBITDA falls 25% year-on-year
** "It will be challenging for Proximus to report overall group EBITDA growth in 2026", it said
** The shares touch their lowest price in 6 months
(Reporting by Leo Marchandon)
((Leo.marchandon@thomsonreuters.com))